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COSTAMARE INC. Container Market Environment Charter rates remain at lofty levels. Rates for vessels above 2,500 TEU remained at historical highs year-to-date as very few vessels are available. 12m Timecharter Rates 200,000 150,000 100,000 Idle fleet remains at low levels and is currently at 0.9%. 12% 50,000 Jan-19 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 ⚫8,500 Source: Alphaliner - July 2022 May-20 Charter Rates Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Jul-22 5,600 4,000 TEU capacity Idle Fleet / Total Fleet 2,500 1,700 الساسة 0% Jul-13 Jul-14 Source: Alphaliner - July 2022 0.9% Jul-15 Jul-16 Jul-17 Jul-18 Jul-19 Jul-20 Jul-21 Jul-22 10

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